Is there any advantages to VA vs. conventional loans? I have heard VA loans are harder to win a bidding war with.
Hi Ben,I pretty much agree with what Wade Miller had to say. I will add that the biggest problem here in CA now is the shear amount of offers being made on any given property. On one extreme, an all cash offer is considered the strongest offer from a seller's perspective, while a no-down payment is...

Can i fire my realtor and get a new one?
Hi Cheryl,Yes, since you have not signed an exclusive agreement with that Realtor, you may have another represent you. I have a rather large database of Realtors I have worked with through the years. Please contact me and I will put you in touch with a more responsive Realtor.Nelson Otero,...

Is now a good time to buy or should hold off until summer?
Hi Larry,We are located here in O.C., so I can give you a local perspective. Home prices have stabilized somewhat for now, but they could rise a bit in the spring/summer. Hopefully for your sake not like they did last year which was a 20% rise from 2012. With respect to interest rates, they would only be lower...

What is the minimum square footage required for fannie mae loans?
Hi Gerald,There is a minimum of 400 sf for new condos being built, but no other guidelines exist for minimum sf. You may call me with additional questions at 714-373-5700. Nelson Otero - Broker #01167744, NMLS #265076

I AM 62 WILL BE 63 IN OCT. WIFE IS 60 WILL BE 61 IN SEPT. ARE WE ELIGIBILITY FORREVERSE MORTGAGE.
Actually, there is a way to do a reverse mortgage for you. Please contact me at 714-373-5700 for details. Nelson Otero, First Allied Financial Services, Inc. CalBRE #01167744, NMLS #265076

My wife and I make $190k my middle credit score is 658. Can I get a $500k loan with $75k down?
Hello Guy,It looks promising. Give me a call at 714-373-5700 or email NOtero@FirstAlliedFinancialServices.comBest Regards,Nelson714-373-5700DRE: 01167744 / NMLS: 265076Co. DRE: 01235983 / Co. NMLS: 325603